Norfolk Southern Corporation
NSCNYSEIndustrials● Active
$309.93
$-3.52(-1.12%)
Market Cap$69.6B
P/E Ratio—
52W High$326
52W Low$247.85
Norfolk Southern Corporation (NSC) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · NSC · as of 2026-06-10
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $2.87B | $2.62B | $1.83B | $3.27B | $3.00B |
| Depreciation & Amort. | $1.39B | $1.35B | $1.30B | $1.22B | $1.18B |
| Stock-Based Comp. | $0.00B | $0.00B | $0.00B | $0.05B | $0.00B |
| Change in Working Capital | $0.07B | $0.63B | $0.37B | ($0.20B) | $0.15B |
| Net Cash from Operations | $4.36B | $4.05B | $3.18B | $4.22B | $4.25B |
| Investing Activities | |||||
| Capital Expenditure | ($2.20B) | ($2.38B) | ($2.35B) | ($1.95B) | ($1.47B) |
| Purchases of Investments | ($0.62B) | ($0.32B) | ($0.12B) | ($0.01B) | ($0.01B) |
| Sales of Investments | $0.10B | $1.00B | $0.20B | $0.09B | $0.10B |
| Net Cash from Investing | ($2.56B) | ($2.78B) | ($2.18B) | ($1.60B) | ($1.22B) |
| Financing Activities | |||||
| Common Stock Repurchased | ($0.53B) | $0.03B | ($0.62B) | ($3.11B) | ($3.39B) |
| Dividends Paid | ($1.22B) | ($1.22B) | ($1.23B) | ($1.17B) | ($1.03B) |
| Debt Issued / Repaid | ($0.16B) | ($0.00B) | $1.96B | $1.28B | $1.09B |
| Net Cash from Financing | ($1.91B) | ($1.20B) | $0.12B | ($3.00B) | ($3.31B) |
| Free Cash Flow | |||||
| Free Cash Flow | $2.16B | $1.67B | $0.83B | $2.27B | $2.79B |
| FCF Margin %(computed) | 17.71% | 13.78% | 6.83% | 17.84% | 25.00% |
Data source: Financial Modeling Prep · Last updated: 2026-06-10 · USD · B
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About Norfolk Southern Corporation (NSC) Cash Flow Statement
Norfolk Southern Corporation generated operating cash flow of $4.36B and free cash flow of $2.16B for 2025 — a FCF margin of 17.71%. Capital expenditure was ($2.20B).
Frequently asked questions
NSC · 4 questionsNorfolk Southern Corporation generated free cash flow of $2.16B for 2025, up 29.1% year-over-year.
NSC free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-10